SEC Comment Letter for Datavault AI Inc. (DVLT) (CIK 0001682149) (DVLT) — Jun 8, 2018
Datavault AI Inc. (DVLT) (CIK 0001682149)
Date: June 8, 2018 · CIK: 0001682149 · Accession: 0000000000-18-017612
AI Filing Summary & Sentiment
Reasoning
File numbers found in text: 333-224267
Letter
Mail Stop 3030 June 5, 2018 Via E -mail Brett Moyer Chief Executive Officer Summit Semiconductor, Inc. 6840 Via Del Oro Ste. 280 San Jose, CA 95119
Re: Summit Semiconductor, Inc. Amendment No. 2 to Registration Statement on Form S-1 Filed May 31, 2018 File No. 333-224267
Dear Mr. Moyer :
Our preliminary review of your registration statement indicates that it fails in numerous material respects to comply with the requirements of the Securities Act of 1933, the rules and regulations under that Act, and the requirements of the form. In particular, your filing must be amended to present updated financial statements required by Rule 8 -08 of Regulation S -X. Further, your Management’s Discussion and Analysis section must be amended to address the periods required to be included by Regulation S -X. Refer to Item 303(b) of Regulation S -K. We will not perform a detailed examination of the registration statement and we will not issue comm ents. We suggest that you consider filing a substantive amendment to correct the deficiencies.
If you were to request acceleration of the effective date of the registration statement in its present form, we would likely recommend that the Commission d eny your request.
Sincerely,
/s/ Amanda Ravitz
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Mail Stop 3030 June 5, 2018 Via E -mail Brett Moyer Chief Executive Officer Summit Semiconductor, Inc. 6840 Via Del Oro Ste. 280 San Jose, CA 95119 Re: Summit Semiconductor, Inc. Amendment No. 2 to Registration Statement on Form S-1 Filed May 31, 2018 File No. 333-224267 Dear Mr. Moyer : Our preliminary review of your registration statement indicates that it fails in numerous material respects to comply with the requirements of the Securities Act of 1933, the rules and regulations under that Act, and the requirements of the form. In particular, your filing must be amended to present updated financial statements required by Rule 8 -08 of Regulation S -X. Further, your Management’s Discussion and Analysis section must be amended to address the periods required to be included by Regulation S -X. Refer to Item 303(b) of Regulation S -K. We will not perform a detailed examination of the registration statement and we will not issue comm ents. We suggest that you consider filing a substantive amendment to correct the deficiencies. If you were to request acceleration of the effective date of the registration statement in its present form, we would likely recommend that the Commission d eny your request. Sincerely, /s/ Amanda Ravitz Amanda Ravitz Assistant Director Office of Electronics and Machinery cc: David E. Danovitch, Esq. Robinson Brog Leinwand Greene Genovese & Gluck, P.C.